Press release from Business Wire
LMAX Exchange Selects Equinix to Further Enhance Execution Capabilities
<p class='bwalignc'> <i><b>Award-winning LMAX Exchange moves to Equinix's London data center campus</b></i> </p>
Thursday, December 06, 2012
LMAX Exchange Selects Equinix to Further Enhance Execution Capabilities04:00 EST Thursday, December 06, 2012
REDWOOD CITY, Calif. & LONDON (Business Wire) -- Equinix,
Inc. (Nasdaq: EQIX),
the global interconnection and data center company, today announced that LMAX
Exchange, the first FSA regulated MTF for spot FX, has selected the
Equinix London LD4/5 data center campus in Slough as its primary
operational site. The move positions LMAX Exchange in the epicenter of
institutional FX trading, further enhancing access to its award-winning
trading technology, reinforcing superior execution capabilities.
Established to deliver the benefits of exchange execution, LMAX Exchange
optimizes the FX trading strategies of buy and sell-side trading
institutions by offering precise, consistent execution, transparent cost
of trade and a level playing field for all market participants. As a
result, clients benefit from superior low-latency trading with an
average matching speed of 3ms in over 60 FX pairs.
“We moved to Equinix because they are well placed to provide us with
more than just data center services,” said Andrew Phillips, head of
systems, LMAX Exchange. “There is a significant amount of FX activity
taking place on Platform Equinix, not just in Slough, but worldwide.
Locating our matching engine in one of the key centers of this community
puts LMAX Exchange at the client's fingertips.”
There is a large and growing ecosystem of global traders and other
financial services providers inside Equinix data centers. The Equinix
LD4/5 campus houses nearly 200 trading participants, all of whom can
connect directly to the LMAX Exchange. With over 50 low-latency network
providers, the LD4/5 campus also provides transatlantic connectivity for
‘follow the sun' FX trading, with a 65.7ms round-trip between LD4/5 and
New York. Globally, Platform
Equinix™ provides access to more than 700 financial customers spread
across the world's top 16 global financial markets, as well as the
leading equity MTFs, multiple FI platforms, dark pools, commodities, and
new derivative products.
“LMAX Exchange is a welcome addition to the Equinix financial ecosystem,
extending the range of venues we host outside the traditional Equities
markets,” said Dick Theunissen, CMO, Equinix EMEA. “Their pioneering
approach to reengineering electronic investment models will bring major
benefits to the trading community in our London LD4/5 campus and further
afield.”
About LMAX Exchange
LMAX Exchange is the first FSA regulated MTF for spot FX. Established to
deliver the benefits of exchange execution to the traditionally OTC
traded market, LMAX Exchange is a fundamentally different proposition.
LMAX Exchange delivers precise execution, transparent cost of trade and
a level playing field for all market participants. Just as on exchange,
the trade execution is order-driven against streamed, executable limit
orders supplied by the General Members. Clients benefit from superior
low latency trading with an average matching speed of 3ms in over 60 FX
pairs. LMAX Exchange offers multiple connectivity options: Web, Direct
APIs (.NET, Java), FIX 4.4 and leading MT4 bridge providers.
LMAX Exchange delivers clients the following benefits:
Unparalleled execution quality
Award-winning technology
Pre and post trade transparency
Strict price/time priority matching
Trading anonymity
LMAX Exchange - The professional FX exchange*.
* LMAX Limited operates a multilateral trading facility. Authorised and
regulated by the Financial Services Authority. FSA Registered no. 509778
www.lmax.com
About Equinix
Equinix, Inc. (Nasdaq: EQIX), connects more than 4,000 companies
directly to their customers and partners inside the world's most
networked data centers. Today, businesses leverage the Equinix
interconnection platform in 30 strategic markets across the Americas,
EMEA and Asia-Pacific. www.equinix.com.
Forward Looking StatementsThis press release contains forward-looking statements that involve
risks and uncertainties. Actual results may differ materially from
expectations discussed in such forward-looking statements. Factors that
might cause such differences include, but are not limited to, the
challenges of acquiring, operating and constructing IBX centers and
developing, deploying and delivering Equinix services; unanticipated
costs or difficulties relating to the integration of companies we have
acquired or will acquire into Equinix; a failure to receive significant
revenue from customers in recently built out or acquired data centers;
failure to complete any financing arrangements contemplated from time to
time; competition from existing and new competitors; the ability to
generate sufficient cash flow or otherwise obtain funds to repay new or
outstanding indebtedness; the loss or decline in business from our key
customers; and other risks described from time to time in Equinix's
filings with the Securities and Exchange Commission. In particular, see
Equinix's recent quarterly and annual reports filed with the Securities
and Exchange Commission, copies of which are available upon request from
Equinix. Equinix does not assume any obligation to update the
forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc. International
Business Exchange is a trademark of Equinix, Inc.
LMAX Exchange+44 (0) 203 192 2524press@LMAX.comorEquinix
Media Contact (Europe/U.K.)Text 100Camille Pomey, +44
(0)20 8846 0789londonequinix@text100.comorEquinix
Media Contacts (U.S.):Equinix, Inc.Melissa Neumann, +1
650-598-6098mneumann@equinix.comorGolinHarris
for EquinixLiam Rose, +1 415-318-4380lrose@golinharris.com
